Caterpillar under US - China tensions over trade

KyleLennon

Member
54 3
Caterpillar expects 2018 to be a year of strong sales growth in China, bolstered by business from the Belt and Road Initiative.

CAT quarterly revenue growth was 34.70%. However, as US-China tensions over trade increasing, it's hard to predict whether CAT will still perform better in the next quarter.

How do you think? Trade wars will affect many things, like employment rate.
 

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